Iqe Plc (OTCMKTS:IQEPF – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $0.4940, but opened at $0.60. IQE shares last traded at $0.5966, with a volume of 182,966 shares.
Analysts Set New Price Targets
Several research firms have issued reports on IQEPF. Panmure Gordon raised shares of IQE to a “buy” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of IQE in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.
IQE Trading Up 4.7%
IQE Company Profile
IQE plc is a leading global supplier of advanced wafer products and wafer-based material solutions for the semiconductor industry. Headquartered in Cardiff, Wales, the company specializes in the development and manufacturing of epitaxial wafers—ultra-thin layers of compound semiconductor materials—used in a wide range of high-performance electronic and photonic devices.
The company’s product portfolio encompasses key compound semiconductor materials such as indium phosphide, gallium arsenide, gallium nitride and silicon-germanium.
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